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Green FinTech Innovations: Empowering Inclusive Development and Advancing Towards the Sustainable Economy

Green FinTech Innovations: Empowering Inclusive Development and Advancing Towards the Sustainable Economy
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Author(s): S. M. Nafiz Rayun (Noakhali Science and Technology University, Bangladesh), Muhammad Abdus Salam (Universiti Brunei Darussalam, Brunei), Waziha Islam (Noakhali Science and Technology University, Bangladesh)and Vai Shiem Leong (Universiti Brunei Darussalam, Brunei)
Copyright: 2026
Pages: 34
Source title: Promoting Inclusivity and Accessibility With FinTech
Source Author(s)/Editor(s): Masairol Masri (Universiti Brunei Darussalam, Brunei), Muhammad Azmi Sait (Universiti Brunei Darussalam, Brunei)and Muhammad Anshari (Universiti Brunei Darussalam, Brunei)
DOI: 10.4018/979-8-3373-1112-8.ch009

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Abstract

Green FinTech is the intersection of financial innovation and environmental sustainability, helping solve two of the most important challenges of our time: climate change and economic inequality. Using blockchain, AI, IoT, and mobile platform, it facilitates green investments, carbon credit trading and widely access to green finance. Green FinTech enables marginalised communities via microloans, pay-as-you-go solar systems and decentralized energy markets, perfectly aligning with UN SDGs (7, 9, 10, 13). It pays off globally too as seen in the case studies from Kenya (M-Pesa green bonds) to Bangladesh (IDCOL solar programs) and Brazil (Pix carbon trading). Yet, regulatory gaps, risk of greenwashing and the digital divide pose challenges to its scalability. The chapter suggests aligned ESG standards, PSPs, and energy-efficient technologies to help address the problem. Green FinTech provides a roadmap to equitable climate resilience and economic growth by connecting technology and policy with inclusion in the finance.

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